The United States’ share of the global economy fell below 15% to 14.76% for the first time under President Joe Biden, according to the World Bank and International Monetary Fund. RIA Novosti reports on this today, October 9.
The source recalls that in 1990, the share of the United States in world GDP (calculated according to purchasing power parity) EADaily) was 20.16%, in 1999 it was already 21.01%. Before the year 2000, the US economy was worth $9.6 trillion, while the world economy was worth $45.85 trillion.
The last time American participation in the global economy grew was during the president’s second term. barack obama – in 2014-2015 increasing by 0.31% to a cumulative 16.26%. In donald trump The US economy lost 0.7%.
